Cobra R, SVT items and misc. stuff found on eBay and for sale elsewhere
Ok Guys:
In an effort to consolidate "finds" on Ebay and general for sale items, related to the Cobra "R" vehicles, SVT items and other misc. stuff, we have created this thread totally dedicated for that sole purpose.
Not a Cobra, but instead another wrapper SVT.................
Well maybe not wrapper since the plastic has been removed, but the next thing to wrapper condition. I guess this is still cosidered a late model truck at only 13+ years old. $23K, reserve met, 6+ days left....................
I had a deal worked out on a car and when they required this: I walked away (quickly).
Am I understanding this auction? It looks to me that it has no reserve?
If so, why would a guy pay the cost of storing this vehicle in a heated garage for 13 years and then sale it for a big loss?
When I sold my last 71 429 Mach 1, I had the same type of requirements. Now days it seems that you can quickly be caught holding a useless piece of paper and your vehicle has been signed off to its new owner.
Some one on the L forum had said reserve has been met, so I assumed they had been watching this item and seen it with a reserve.
I guess the same questions could be asked of a museum? Why would they pay for mint condition vehicles to just sit year in and year out? How much is actually recouped from patrons viewing these vehicles? Are they (the vehicles) a write-off? I'm sure some museum people aren't even "car enthusiasts", or at least no specific car. I would guess that the owner of this L enjoys cars/trucks, and they chose to spend his/her money on something they enjoy? I don't know?, like I said in the past, I have to at least drive my cars sometimes, at least. This auction is far from over. I am surprised that this L is this high. Maybe it is false bidding and it will not go any further for the next 6 days? How much was an L like this when new?
It will be a long time before any of these late model cars/trucks bring "real money" (what ever real money is), but when I read the discription/definition of investment in the dictionary, investment is not a certain amount or percentage over the initial expense, or over the total $$$'s that have been spent over the time of ownership, but instead "Any" gain over the total expense at time of sale is considered an investment. Some investments a small, some large. Any gain is an investment according to the Websters' definition.
Unless I've got cash in hand, I would require some form of clearing period on any transfer of funds. Hell my bank now requires 10 days for a cashier's check to clear before they'll release the funds. So unless there's something really fishy going on with the seller, it's not all that unreasonable.
I don't know about you guys, but any time I see wrapper or almost no miles on cars/trucks, you can almost be sure there's more then 1 in the guys collection. So I can't imagine he's all that worried about storage costs and all... My 2 cents only....
Oh well, still wish I had money for this. Would be a nice addition to my 93 Cobra. However, I'd drive the truck....
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Henry
93 SVT Cobra #2205 - Garage Art - Original Owner
Unless I've got cash in hand, I would require some form of clearing period on any transfer of funds. Hell my bank now requires 10 days for a cashier's check to clear before they'll release the funds. So unless there's something really fishy going on with the seller, it's not all that unreasonable.
I don't know about you guys, but any time I see wrapper or almost no miles on cars/trucks, you can almost be sure there's more then 1 in the guys collection. So I can't imagine he's all that worried about storage costs and all... My 2 cents only....
Oh well, still wish I had money for this. Would be a nice addition to my 93 Cobra. However, I'd drive the truck....
My C.U. is the same way. Unless you go to the buyers bank and recieve the funds there, you could be in trouble. It used to be bank checks were as good as cash. Now a quality copy can be made, and leave you with nothing in the end.
That 93L would be a nice trailer pull vehicle for car shows or track side with the 93 Cobra on the trailer. ; )
It could be yours, please sign here>> X............................
Probably going to add this to my list of "ain't going to happens" just like owning the GT350 that I've wanted since I was a kid.... Stupid me invested in my education or my house vs buying the 65/66 I wanted.... Oh well...
I had a deal worked out on a car and when they required this: I walked away (quickly).
My auctions read a little differently as I do sell and will ship world wide:
"Payment is by certified US funds only, and payment in full is due within 3 business days of close of auction."
And in addition to that mine further states:
"We can assist with setting up world wide shipping at the end of the auction, however, the car and it's paperwork will not leave the owners possession until all funds have cleared our bank, no exceptions"
Nothing wrong with making sure that the funds given for any item are real......Especially with the internet scams that have grown into a major epidemic in the last 10 or so years. If people do not like my terms they can always send me an email to discuss them.But the one thing that stands firm is my paperwork or vehicle leaving my posession before the funds have cleared.....
Bill S.
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Instead of being part of the problem, be part of a successful solution.
"Payment is by certified US funds only, and payment in full is due within 3 business days of close of auction."
Bill,
I agree that one must be careful as it regards getting real funds from a buyer.
However, I refuse to wire money to a seller. If you wire funds (as he requested), how do you know you'll ever get a clear title? The wired funds are good as soon as they are received. That situation is a one-way street.
What if he doesn't get you the proper paperwork? What if the title ends up having a lien on it that can't be easily cleared? What if the title is forged?
I am no reason to doubt this guy has full and clear title to the vehicle. But, he has a truck he wants to move it, and I have the cash. If he insists on requiring that the funds be wired, he can count me out as a buyer. He allowed no negotiation as to the payment requirement.
I guess he will not even accept cash payment?
Your requirements are much different than those outlined in this auction. I can work with a seller so that he knows he will get certified and good money. He has to work with me so as to insure that I get full and clear title.
Otherwise, I'll walk, and he can market the car to someone else.
Quote:
Originally Posted by Robert M
Unless you go to the buyers bank and receive the funds there, you could be in trouble.
I agree. I am currently talking to a guy that has his account at the same bank as I do. He has the clear title in his hand. We can meet at our bank where he can verify that my funds are good and transferable. I can see him sign the unencumbered title to me.
Quote:
I guess the same questions could be asked of a museum? Why would they pay for mint condition vehicles to just sit year in and year out?
A Museum usually has a tax advantaged non-profit status from the IRS.
They usually charge an entry fee to help cash flow considerations (or the museum is operated by a rich guy that doesn't mind losing a hundred grand a year).
If he has a museum, why sell the car truck now? If I bought a 1993 anything and stored it from day one, I'd plan on keeping it a long time. I just don't understand why someone would just decide to sell it before it's full value could be booked?
Of course, I don't understand why people pay big money for first-growth Bordeaux or pop art. Why buy a painting of soup cans when you can buy a real (the value is already determined) classic painting?
Bill,
I agree that one must be careful as it regards getting real funds from a buyer.
However, I refuse to wire money to a seller. If you wire funds (as he requested), how do you know you'll ever get a clear title?
What if he doesn't get you the proper paperwork?
When buying, I always make sure to get copies of the proper paperwork that proves that the seller owns the car. If the title is not in his/her own name and I am uncomfortable with the seller in any way, shape, or form, then I might buy a plane ticket to inspect the paperwork up close and personal or have a friend or acquaintance who might be local inspect the car and paperwork for me then, and only then would I go to the local branch of my bank (Wachovia/Chase for arguments sake) with the seller and have a bank check issued for the amount needed.
When selling, I always make sure to provide whatever documentation is required by the buyer, 99.99% of the time a copy of the title in my name is sufficient proof for payment to be sent.
When buying, I always make sure to get copies of the proper paperwork that proves that the seller owns the car. If the title is not in his/her own name and I am uncomfortable with the seller in any way, shape, or form, then I might buy a plane ticket to inspect the paperwork up close and personal or have a friend or acquaintance who might be local inspect the car and paperwork for me then, and only then would I go to the local branch of my bank (Wachovia/Chase for arguments sake) with the seller and have a bank check issued for the amount needed.
When selling, I always make sure to provide whatever documentation is required by the buyer, 99.99% of the time a copy of the title in my name is sufficient proof for payment to be sent.
It seems we agree 100% (99.99% ). It doesn't seem you'll be wiring any money around the country, either.
I usually just load my trailer on the truck and go after the car after we've worked out everything by phone and email. I like to be the one that does the final inspection. I need the title and bill of sale before he gets the certified funds. I'll then load the car and head home.
It was a three day trip when I picked up my Cobra R. I even kept up with my purchase expenses (gas and two cheap hotel rooms). It was $293.
I agree. I am currently talking to a guy that has his account at the same bank as I do. He has the clear title in his hand. We can meet at our bank where he can verify that my funds are good and transferable. I can see him sign the unencumbered title to me.
Thats exctly what i did when i bought my car, we met at the bank, transfered funds and he gave the the title.
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03 DSG Cobra- a few bolt ons
Has anyone been watching the original issues of the SVT Cobra Recognition Guide recently? They have gone crazy!! One is on eBay right now with 2+ days left, it is over $75. The last two that were on eBay sold at over $100 ea.! One of the on-line book companies has a copy for $225!!! Crazy!!
Yea, a friend just bought a 93R. He called me before the purchase, and then after he picked it up. I suggested he go to eBay for the Guide.
As soon as the new Guide is available (hint, hint; to those involved), the price of the old guide will return to normal levels.
^^^^^^^^^Or will it? The old/original guide is a Cobra recog. guide although it does have "some" info. on the other SVT vehicles. All books are numbered and have become in demand for what they are, "a collectors item if you will". From what I understand, the new/updated book is a complete guide for the entire SVT vehicle line-up, and is not a specific "Cobra Recognition Guide", although most of the original books info. will probably be included. <<However, I do know some Cobra info./pictures are being updated for the new guide, at least for the 95 2-Tops. I have a feeling the original guides will hold their own for what they are, "the out of print limited number originals", a great addition to any SVT enthusiasts library. Of course I could be wrong, it has happened before.
I would definitly like to pick up a second copy of the original guide, but not at $100+. I am surprised that the bidders/buyers are willing to pay these big $$$ when the newer version is on the horizon, but like I said, I don't think that is a major factor, "the original guide is what it is".
I hope you are right though, I would like to pay $20-$25 or so for a second copy as I had paid for my first copy.
Has anyone been watching the original issues of the SVT Cobra Recognition Guide recently? They have gone crazy!! One is on eBay right now with 2+ days left, it is over $75. The last two that were on eBay sold at over $100 ea.! One of the on-line book companies has a copy for $225!!! Crazy!!
R
Are you sure there is a "NEW" updated guide coming? I had paid for a copy in advance, and the man putting it together, passed away. His family refunded my money, as well as everyone else, as far as I know. Since then, I haven't heard of another guide being published. Do you have new information, or have I "not paid attention"?
Tom Shep,
Do you know anything about this?
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"R"s ROCK,
Gene Boc.
'95R never professionally raced #142/250
'95R ex IMSA race car (retired professionally) #57/250 1st '95R sold to the public
Last edited by Cobra R Man; 01-24-2007 at 11:21 PM.
The new book is coming (I think I've been saying that for a couple years now).
With Tom's passing there were some legal issues which required the entire book to be re-written. Unfortunately the person who is doing the re-writing is quite busy and hard to nail down.
I have about 90% of the book (pre complete re-write) that was going to be released and have to say that it was pretty good. Unfortunately it will never see the light of day past my computer screen......
It was probably about 2 months from being completed when Tom passed away.
Good news is that it has A LOT of information in it. Bad news is that it's not out....
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Mark Wilson
93 Cobra #1824
93 Cobra R #84
95 Cobra R #39
95 Cobra R #136
Mystery Vehicle www.on-trackperformance.com
The new book is coming (I think I've been saying that for a couple years now).
With Tom's passing there were some legal issues which required the entire book to be re-written. Unfortunately the person who is doing the re-writing is quite busy and hard to nail down.
I have about 90% of the book (pre complete re-write) that was going to be released and have to say that it was pretty good. Unfortunately it will never see the light of day past my computer screen......
It was probably about 2 months from being completed when Tom passed away.
Good news is that it has A LOT of information in it. Bad news is that it's not out....
I was contacted a few months ago regarding my cars and some high quality photos that were needed for the updated guide. I have since been in touch with the people, or I should say one of the people who has continued the work on this project, it is coming along.
Hey, I am just an internet pundit. You know you should take my opinions as worth what you paid for them.
I left a wide hole in my opinion. I just mentioned that they would return to...
I located two people that have (but are not interested in selling them) two nice 93R's (each).
I may even know of someone that has a 93R but really wants a wrapper 95R.
I value your opinion highly and I hope you are right and I am wrong...........
Just thinking about it, these original SVT Cobra Recog. Guides were also a good investment, if purchased new in 2000, 01, 02 at their original $19.95, they are at least 5 times their original cost now, and even 6 times in some cases, big money no, good investment yes. Maybe the market will colapse with the new versions release.
But like I said, I would like a second copy, but they are way past what I am willing to spend at their current price.
But like I said, I would like a second copy, but they are way past what I am willing to spend at their current price.
I think you need three copies of the old and the new guides (or maybe four). You'll need one for each car so as to enhance their eventual selling price.
Quote:
Originally Posted by 93SVTCobra
I have about 90% of the book (pre complete re-write) that was going to be released and have to say that it was pretty good. Unfortunately it will never see the light of day past my computer screen......
I don't understand. Why can't you publish your own book?
Here's another one up on Ebay.... This one, listed as unpainted, is painted black, or molded in black plastic? The other guy selling them, who claimed he only had 3, has been selling them like hot-cakes for months!!! or longer.... His were supposedly unpainted and looked to be silver??? So what's the deal???? are they real, or fake???